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Oct 4, 2012
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the idea, which was originally presented by congressman ryan, your running mate, is that we would give a voucher to seniors and they could go out in the private market place andtheir o. the problem is that because the voucher wouldn't necessarily keep up with health insurance inflation, it is estimated this would cost the average senior about $6,000 a year. now, in fairness, what governor romney has now said is he'll maintain traditional medicare alongside it. but there's still a problem. because what happens is, those insurance companies are pretty clever at figuring out who are the younger and healthier seniors. they recruit them, leaving the older, sicker seniors in medicare, and every health care economist who looks at it says, over time, what will happen is the traditional medicare system will collapse. and then what you've got is folks like grandmother at the mercy of the private insurance system, precisely at the time that they are most in need of decent health care. so i don't think vouchers are the right way to go. and this is not my -- only my opinion. aarp thinks that the sa
the idea, which was originally presented by congressman ryan, your running mate, is that we would give a voucher to seniors and they could go out in the private market place andtheir o. the problem is that because the voucher wouldn't necessarily keep up with health insurance inflation, it is estimated this would cost the average senior about $6,000 a year. now, in fairness, what governor romney has now said is he'll maintain traditional medicare alongside it. but there's still a problem....
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Oct 4, 2012
10/12
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ryan would be introducing to senior citizens. he dodged that question like a football player going through a pittsburgh steelers last night. i am a little cleared out. i would appreciate a lot more honesty on mr. romney's part. i probably will be leading toward the president. i am still winning. host: do you have two minutes? stay on the line. we will get a romney supporter on the line. i want to hear a little back and forth that we will moderate here. caller: sure. thank you. host: what did you think of the debate? caller: i enjoyed it and i thought to mitt romney 1. i was a 23-year coal miner for many years. barack obama is wanting to do away with coal. i want to see mitt romney come back to my area and talk about call. we have a lot of people down here suffering because barack obama has shut down the coal business. i am a christian voters. i like to take the bible and lay it down and look at it and see which president i would like to vote for. i cannot find anything in the bible that i can vote for for barack obama. he does no
ryan would be introducing to senior citizens. he dodged that question like a football player going through a pittsburgh steelers last night. i am a little cleared out. i would appreciate a lot more honesty on mr. romney's part. i probably will be leading toward the president. i am still winning. host: do you have two minutes? stay on the line. we will get a romney supporter on the line. i want to hear a little back and forth that we will moderate here. caller: sure. thank you. host: what did...
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Oct 4, 2012
10/12
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bill with paul ryan in the senate but it came from bill clinton's chief of staff. this is an idea that's been around a long time which is saying, hey, let's see if we can't get competition into the medicare world so that people can get the choice of different plans at lower cost, better quality. i believe in competition. >> jim if i can just respond very quickly. first of all, every study has shown that medicare has lower administrative cost than private insurance does, which is why seniors are generally pretty happy with it. and private insurers have to make a profit. nothing wrong with that. that's what they do. and so you've got higher administrative costs, plus profit on top of that and if you are going to save any money through what governor romney's proposing, what has to happen is that the money has to come from somewhere. and when you move to a voucher system, you are putting seniors at the mercy of those insurance companies and over time if traditional medicare has decayed or fallen apart then they're stuck. and this is the reason why a.a.r.p. has said tha
bill with paul ryan in the senate but it came from bill clinton's chief of staff. this is an idea that's been around a long time which is saying, hey, let's see if we can't get competition into the medicare world so that people can get the choice of different plans at lower cost, better quality. i believe in competition. >> jim if i can just respond very quickly. first of all, every study has shown that medicare has lower administrative cost than private insurance does, which is why...
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Oct 4, 2012
10/12
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. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group. >> -- tonight on taxes. good to see you both. thanks for your time. as the president and governor romney make their final preps, corporate america gets their chance to weigh in. >> when we come back, the former president and coo of verizon on what big business wants to hear tonight. >> but before the break, money man jim cramer's take. >> nobody asked me. i'm not running. i'm not part of a debate. but i stand for higher stock prices for all. if you like me, i will put through my plan to switch to clean burning job creates natural gas vehicles and educate the mass's money. clean the skies. rebuild our run down i
. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group....
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he is at a rally with his running mate paul ryan. president obama's campaign event is getting underway right now. you're seeing live pictures there in denver. expect the president to start speaking in a minute as soon as he starts, of course, we'll bring that to you. jessica yellin is at that event as well, and jessica, we've heard a lot of spin. we've heard it late last night. we've heard it early into the morning. is there a point where the surrogates, the supporters who you are talking to acknowledged that the president needs to do better, he needs to move on, he needs to make up for what happened last night? >> no one is officially with the campaign will say that, suzanne. i am talking to democrats who definitely are agreeing with that, and i'm sure you are. they're arg urg that mitt romney was not really truthful, and i think we'll see in the coming days and weeks that the campaign will take on some of the claims that went unanswered last night by the president, but it doesn't resolve the question why didn't the president answer
he is at a rally with his running mate paul ryan. president obama's campaign event is getting underway right now. you're seeing live pictures there in denver. expect the president to start speaking in a minute as soon as he starts, of course, we'll bring that to you. jessica yellin is at that event as well, and jessica, we've heard a lot of spin. we've heard it late last night. we've heard it early into the morning. is there a point where the surrogates, the supporters who you are talking to...